Fact check: Which country is creating the most new jobs in the eurozone?
Spanish Prime Minister Pedro Sánchez recently said that his country was responsible for creating half of all new jobs in the eurozone, but is this true?
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00:00Which country is creating the most new jobs in the Eurozone?
00:07Spain's Prime Minister Pedro Sánchez recently claimed that his country is responsible for the creation of half of all new jobs in the Eurozone.
00:15Despite all the difficulties that we have found, international and external, Spain is moving, depending on who it is.
00:22We provide the 40% of the growth and half of the new jobs in the Eurozone zone.
00:28But is Spain really creating half of all new jobs in the Eurozone?
00:32Let's see what the official numbers from Eurostat say.
00:35We can see that some 157 million people were employed in the first quarter of 2025 in the Eurozone,
00:42compared to 155 million in the same period the year before, so an increase of almost 2 million jobs.
00:49Spain's employment figures stood at roughly 21,600,000 at the beginning of 2025, up from around 21,100,000 in 2024.
00:59That means an increase of about 454,000 jobs, which constitutes just over 25% of the extra jobs in the Eurozone, not 50%, as Sánchez claimed.
01:10However, it's worth noting that Spain has contributed the most new jobs to the Eurozone in the same period.
01:16Using the same calculations for each of the Eurozone countries, we see that Spain is up top of the list with its 25.3%, followed by France with 24.5%, and then Italy with 20.5%.
01:29Germany with 11% and Portugal with 7% round out the top five Eurozone countries creating new jobs.
01:35Nonetheless, Spain does still rank as having one of the lowest employment rates compared to its total population in the EU, according to the same Eurostat dataset.
01:44This is despite recent reports that its GDP is thriving and outperforming France, Germany and Italy, the Eurozone's biggest economies.
